French Connection Group Can’t Burn Your Short Portfolio. Has Another Weak Session

November 29, 2016November 29, 2016Marie Mckinney

The stock of French Connection Group (LON:FCCN) is a huge mover today! The stock decreased 0.36% or GBX 0.12 on November 29, hitting GBX 34.25. About 8,667 shares traded hands. French Connection Group (LON:FCCN) has declined 10.71% since April 29, 2016 and is downtrending. It has underperformed by 15.97% the S&P500.
The move comes after 8 months negative chart setup for the GBX 32.38M company. It was reported on Nov, 29 by Barchart.com. We have GBX 33.22 PT which if reached, will make LON:FCCN worth GBX 971,400 less.

French Connection Group (LON:FCCN) Ratings Coverage

Out of 2 analysts covering French Connection Group PLC (LON:FCCN), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. French Connection Group PLC has been the topic of 9 analyst reports since September 21, 2015 according to StockzIntelligence Inc. Cantor Fitzgerald maintained the shares of FCCN in a report on Monday, September 21 with “Hold” rating. The firm has “Add” rating by Numis Securities given on Tuesday, March 15. Numis Securities maintained French Connection Group (LON:FCCN) rating on Wednesday, January 27. Numis Securities has “Add” rating and GBX 35 price target. The firm has “Hold” rating by Cantor Fitzgerald given on Monday, December 7. Numis Securities maintained the stock with “Hold” rating in Monday, September 21 report. Numis Securities upgraded the shares of FCCN in a report on Monday, November 30 to “Add” rating. The firm has “Hold” rating by Cantor Fitzgerald given on Tuesday, March 15. Cantor Fitzgerald maintained it with “Hold” rating and GBX 45 target price in Tuesday, September 20 report. Numis Securities upgraded French Connection Group (LON:FCCN) rating on Tuesday, September 20. Numis Securities has “Buy” rating and GBX 55 price target.

More important recent French Connection Group (LON:FCCN) news were published by: Reuters.com which released: “French Connection chief says nothing behind report of possible bid interes…” on October 24, 2016, also Ft.com published article titled: “Gatemore urges changes at French Connection”, Ft.com published: “French Connection fuels investor unrest with further losses” on September 20, 2016. More interesting news about French Connection Group (LON:FCCN) was released by: Fool.Co.Uk and their article: “Do Today’s Results Make French Connection Group A Better Buy Than Ted Baker …” with publication date: March 15, 2016.

French Connection Group PLC designs and supplies branded fashion clothing and accessories for men and women. The company has a market cap of 32.38 million GBP. The Firm operates retail stores and concessions in the United Kingdom, Europe, the United States and Canada and also operates e-commerce businesses in each of those territories. It currently has negative earnings. The Company’s principal brand is French Connection, which designs, produces and distributes branded fashion clothing, accessories, such as toiletries and fragrances, shoes, watches, jewelry, eyewear, furniture and homeware through its distribution channels: retail stores, e-commerce, wholesale and licensing.